Cimarex Energy Co. Approves Dividend on Preferred Stock

Rhea-AI Summary

Cimarex Energy Co. (NYSE: XEC) announced a cash dividend of $20.3125 per share on its 8⅛ percent Series A Cumulative Perpetual Convertible Preferred Stock. This dividend is payable on October 15, 2021, to shareholders on record as of October 1, 2021, covering the period from July 16, 2021 to October 15, 2021.

Positive

• Approved cash dividend of $20.3125 per share enhances shareholder value.
• Dividend payment reflects company confidence and commitment to returning income to investors.

Negative

• None.

DENVER, Aug. 31, 2021 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that its Board of Directors  approved a cash dividend of $20.3125 per share on its 8⅛ percent Series A Cumulative Perpetual Convertible Preferred Stock. The dividend is payable on October 15, 2021, to holders of record at the close of business on October 1, 2021, and is for the period beginning on July 16, 2021 and ending on October 15, 2021.

Cimarex Energy
Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Permian Basin and Mid-Continent areas of the U.S. For more information about Cimarex, visit www.cimarex.com.

 

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SOURCE Cimarex Energy Co.

FAQ

What is the dividend amount declared by Cimarex Energy (XEC)?

Cimarex Energy declared a dividend of $20.3125 per share.

When is the dividend payable for Cimarex Energy (XEC)?

The dividend is payable on October 15, 2021.

What is the record date for the Cimarex Energy (XEC) dividend?

The record date for the dividend is October 1, 2021.

What period does the Cimarex Energy (XEC) dividend cover?

The dividend covers the period from July 16, 2021, to October 15, 2021.